If a plaintiff is successful in proving that an auditor has violated Section 10(b) of the 1934 Securities Exchange Act, the auditor has

a. primary liability.
b. secondary liability.
c. contingent liability.
d. rebuttable liability.


a

Business

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The following information is available from Carron Company's 2014 accounting records: Purchases ............................................ $530,000 Purchase discounts ................................... 10,000 Beginning inventory .................................. 160,000 Ending inventory ..................................... 215,000 Freight-out .......................................... 40,000

Carron's 2014 cost of goods sold is a. $465,000. b. $475,000. c. $505,000. d. $585,000.

Business

Answer the following statements true (T) or false (F)

1. Equity financing comes with cash alone but not any other help. 2. Venture capital firms invest in more companies than all other sources of investment all together. 3. Entrepreneurs should ask for more money than they need at all times. 4. Bootstrapping is defined as the process through which entrepreneurs invest resources from investors.

Business

The usual purpose of an R-chart is to signal whether there has been a:

A) gain or loss in dispersion. B) change in the percent defective in a sample. C) change in the central tendency of the process output. D) change in the number of defects in a sample. E) change in the consumer's risk.

Business

Which of the following is true regarding the growth of socially responsible mutual funds?

a. Such funds have remained flat with little change in America, but they have grown significantly in Europe. b. Such funds have remained flat with little change in Europe, but they have grown significantly in America. c. Both America and Europe have seen a decline in interest in socially responsible funds. d. Both America and Europe have seen growth in socially responsible funds.

Business